7th August 2005, 09:43 AM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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Quote:
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Originally Posted by BJ
If you are betting more on the winners than the losers then how could you not?
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BJ,
Apropos your system where you decrease your stake by 20% after every win, and increase by 20% after every loss:
Suppose you lose the 1st 2 spins, then win.
$10 = Loss
$12 = Loss
$14 = Win
You end up losing $8 (=10+12-14).
$14 = bets on Winners
$11 = bets on Losers (average)
So despite betting significantly more on your winners you lost!
This disproves your justification for your system. |